Argentina has the world's third largest technically recoverable shale-gas resources, according to
the U.S. Energy Information Administration, with several large shale gas discoveries recently
announced in the country's Neuquén Basin. Mexico is ranked fourth globally, while Paraguay,
Uruguay, Brazil and several other Latin American countries also boast of the potential for their
shale resources. Will shale gas lead to another energy boom for Latin America? How do
investors view the potential for shale gas deposits, which involve new technologies and uncertain
regulatory structures, compared to the region's rich conventional resources? How will shale gas
affect existing natural gas businesses, as well as the development of plans for liquid natural gas
and other sources of energy such as wind and solar? What are the environmental challenges
associated with shale gas? How should the exploitation of shale gas be regulated in Latin
America?